According to the
newest Case Law of Supreme Court of Lithuania in the civil case No. e3K-3-23-611/2018
(hereinafter – the Decision), the
parties of commercial relations can agree in advance to refuse the priority
right to extend the Rent Agreement. With the Decision, the Court noticed, that
such refusal of priority right is legal and does not violate the principle of
equality. Read more ›

From 1st January 2018 the
amendments of Lithuanian Law of the Social Security Tax Contributions
came into force.
According to the amendment, companies should pay social security tax contributions for part-time employees, whose monthly salary is lower
than the minimum monthly salary (hereinafter - MMS), currently the MMS gross
amount EUR 400.Read more ›

On March 2016 the Lithuanian State Tax Inspectorate
(hereinafter - the STI) has renewed Art. 32 part 6 of the Lithuanian Corporate
Income Tax Law and stated that dividends paid according to not genuine arrangements
which main purpose or one of the main purposes were to receive taxing
benefits, may be taxed, i.e. „participation exemption“ may not be applied.
Based on the Corporate Income Tax „participation exemption“ may be applied and
dividends may be exempt from tax if they are paid to entities which control not
less than 10% of the company‘s shares for a period not shorter than 12 months.Read more ›

Lithuania is among 20 the most
business-friendly countries in the world according to the report „Doing
business 2018“ published by the World Bank. Lithuania has reached 16th place,
last year Lithuania was in 21st place.Read more ›